PHILADELPHIA, PA — Toll Brothers Apartment Living, the rental branch of Toll Brothers, Inc. (NYSE: TOL), together with Sundance Bay, has officially opened Broad + Noble, an 18-story high-rise in Philadelphia’s Center City. This luxurious development, located in Callowhill, offers 344 units ranging from studios to two-bedroom apartments. The community, which welcomed its first residents in February 2024, was financed with a $100.2 million loan from Wells Fargo. A ribbon-cutting ceremony recently marked the grand opening, celebrating with project partners and residents.
Broad + Noble’s design marries Philadelphia’s historic essence with contemporary innovation. The apartments feature high-end finishes like Caesarstone quartz countertops, stainless steel appliances, and custom cabinetry. The bathrooms are spa-inspired, and the units include modern conveniences such as smart thermostats and keyless entry. Residents also benefit from 24/7 concierge service and secured garage parking with EV charging stations.
“We are proud to introduce Broad + Noble to Philadelphia, Toll Brothers Apartment Living’s first multifamily community in the city,” said John McCullough, President of Toll Brothers Apartment Living. “Broad + Noble exemplifies our commitment to building exceptional communities in prestigious locations, and we’re thrilled to open this community in the region where Toll Brothers was founded 57 years ago.”
The building offers a suite of amenities. The ground floor hosts a grand lobby with an industrial aesthetic. A fitness center with modern equipment and a flex studio caters to active residents. The 18th floor boasts a rooftop amenity suite with 360-degree views of the city, featuring a gaming lounge, media room, content creation studio, and an entertainment kitchen. The outdoor roof deck includes lounge areas and grilling stations for social gatherings.
“Broad + Noble offers a unique blend of modern style and historic charm, providing residents with a vibrant community in the heart of Philadelphia,” said Bradley Thompson, Managing Director of Toll Brothers Apartment Living in the Northeast region. “Broad + Noble’s location gives residents easy access to the best of Philly’s dining, shopping, and entertainment, as well as many of the city’s major employers.”
Situated at the entrance to Philadelphia’s Rail Park, Broad + Noble is within walking distance of City Hall. The neighborhood, known for its eclectic mix, offers award-winning restaurants, breweries, and cultural sites. The community’s ground floor will also feature retail spaces. With a WalkScore® of 94, residents enjoy convenient access to public transportation and the vibrant city life Philadelphia offers.
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